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Private property sales in Spain rise in September

Mon 12th Nov 2012
Private property sales in Spain rise in September

Spain's National Institute of Statistics (INE) today released data revealing how the sales of residential properties increased by 0.9% during the first 9 months of the year, when compared tto the same period in 2011.

Sales of new properties grew by 2.9% annually, while transfers of protected housing fell by 10.8% compared to the same period last year.

Overall, residential sales fell by 6.2% between August and September to reach 25,985 properties.

The figures also revealled how 49.1% of all transfers were for new properties, while 50.9% were for resale properrties.

Overall, the number of all property transfers fell by 1.4% on last year to 121,822 properties for September, down 5.7% on August.